In today’s competitive real estate market, where low inventory and high demand can add obstacles to transactions, Joe’s success story stands out as a testament to determination and strategic planning. Joe faced the added complexity of being a contingent buyer, as he needed to sell his current home, which was more than an hour away from the area he wanted to move to.

With the help of Century 21 – Curran & Oberski REALTOR Kari Couture, here’s how Joe navigated this journey and secured his dream home in Wyandotte.


Prepping for the Move

Joe knew that to compete in such a tight market he needed to present himself as a strong and reliable buyer. He began by meticulously preparing his current home for sale. This involved:

Painting and Repairs: Joe ensured his home was in top condition by repainting and making necessary repairs. This not only improved the aesthetic appeal but also increased the home’s market value.
Impeccable Maintenance: He maintained his home impeccably, making it more attractive to potential buyers.


Financial Preparation and Realistic Outlook

Joe consulted with his mortgage broker to understand his financial standing and obtain pre-approval. He maintained a realistic yet optimistic outlook throughout the process, understanding that flexibility and backup plans were crucial.


Strategic Backup Plans

One of Joe’s key strategies was having solid backup plans:

Temporary Living Arrangements: Joe arranged to stay with family if needed, which allowed him to sell his home without the contingency of immediately finding a new one.
Storage Solutions: He secured a place to store his furnishings temporarily, which gave him the flexibility to move quickly when the right home became available.


Swift Action and Strong Offers

Joe’s preparation paid off when his home quickly went under contract. Over Memorial Day weekend, he found his ideal home in Wyandotte and swiftly moved to secure it. Joe made his offer stand out by:

Assuming City Repairs: By offering to take on necessary city repairs, Joe relieved the seller of this burden, making his offer more attractive.
Acceleration Clause: He included an acceleration clause in his offer, which automatically increased his bid up to a specified limit in the event of competing offers.
Appraisal Guarantee: Joe added an appraisal guarantee, assuring the seller that he would cover any shortfall if the home appraised for less than the offer price. Fortunately, this clause did not need to be invoked.


Positive Attitude and Determination

Joe’s unwavering motivation and positive attitude were instrumental throughout his journey. He remained focused and committed, which helped him navigate the complexities of being a contingent buyer in a competitive market.

Joe’s strategic planning, preparation, and proactive approach resulted in a quick sale of his home and the successful purchase of a beautiful new home in Wyandotte. His story is a powerful example of how determination, flexibility, and a well-devised plan can lead to success, even in a challenging real estate market.


You can reach Kari at 313.850.6812 or Kari.CoutureC21@gmail.com to strategize for the upcoming fall and winter seasons.